Ferrari
ESRS disclosure: ESRS E5 \ DR E5-2 \ Paragraph 20b
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- Provide a detailed account of the actions and resources employed by your organization concerning resource use and the circular economy, specifically addressing the increased utilization of secondary raw materials (recyclates). Indicate whether these actions and resources are in alignment with Disclosure Requirement E5-2, as outlined in the ESRS regulations.
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Question Id: E5-2_02
The overall total weight of products and technical and biological materials used is 34,199 Kg. The weight of secondary reused or recycled components, secondary intermediary products, and secondary materials used to manufacture the undertaking’s products and services (including packaging) is 1,577 Kg, which is 4.6% of the total.
Report Date: 4Q2024Relevance: 60%
- Provide a comprehensive description of the effects considered regarding material resource use and circular economy-related risks and opportunities. Include the impacts and dependencies associated with these effects, as well as the anticipated time horizons for their materialization.
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Question Id: E5-6_03
Ferrari considers environmental protection to be a decisive aspect to be promoted in its overall approach to business. The Environmental Practice promotes the reuse of waste materials in the production process according to a circular economy approach. Moreover, it aims to reduce the quantity of waste and optimize the amount of materials sent to recovery plants. The practice covers the following impacts and opportunity: “Reduction of waste thanks to the increase of durability, reparability and recyclability of spare parts (e.g. racing and sports cars) or products (e.g. lifestyle)”, “production of hazardous / non hazardous waste by the organization”, “promotion of circularity within the value chain to reduce the use of natural resources and waste produced by suppliers”, “production of hazardous / non hazardous waste by the supply chain” and “circular economy manufacturing initiatives implemented: use of recycled materials, recovery of production waste for recycling and projects aimed at ensuring an extension of product life”.
Report Date: 4Q2024Relevance: 80%